---
title: "237 BAINBRIDGE Street, Brooklyn, NY 11233"
description: "237 BAINBRIDGE Street, Brooklyn, NY 11233 — NYC real estate listing on Real Estate Rebate Team. Priced at $3,800,000. Est. potential buyer savings up to $95,000 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11233/237-bainbridge-street-ny-11233"
source: "Real Estate Rebate Team"
---

# 237 BAINBRIDGE Street, Brooklyn, NY 11233

> **Listing Courtesy of:** Douglas Elliman Real Estate

## Description

237 Bainbridge Street presents a strong opportunity to acquire a newly constructed 8-family multifamily building in the heart of Brooklyn. Built in 2013, the property spans approximately 5,989 square feet and sits within a 30-foot-wide building, offering a desirable mix of one- and two-bedroom residences. The property benefits from high in-place income, very low expenses, and annual real estate taxes of $11,231, supported by a 421A tax abatement in place through 2031. Upon expiration of the abatement period, future ownership may have the opportunity to increase rents or explore a potential condominium conversion, subject to applicable approvals. Located just a 5-minute walk from the A/C subway lines, 237 Bainbridge offers excellent access, strong investment fundamentals, and a highly compelling option for 1031 exchange buyers.

## Property Details

- **Price**: $3,800,000
- **Potential Buyer Rebate**: $95,000
- **Bedrooms**: 8
- **Bathrooms**: 5 full, 2 half
- **Living Area**: 1,650 sqft
- **Property Type**: Residential
- **Year Built**: 2013
- **Building**: 237 BAINBRIDGE Street
- **Neighbourhood**: Stuyvesant Heights
- **Area / Borough**: Brooklyn
- **Subdivision**: Stuyvesant Heights
- **Listing Office**: Douglas Elliman Real Estate
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$95,000** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/237-bainbridge-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/stuyvesant-heights)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.